
The market is pricing in peace for what feels like the 35th time this week.
Peace sells. Marketplace is buying it. AMD didn’t hurt either.
But under the hood, advance-decline is still scattered. Correlations broken. Gamma gone wild in one name in particular.
That’s the trade.
I sat down with Schwab’s Big 3 this morning and walked through three setups I’m working right now — including the freight train I’m willing to step in front of with defined risk. Here’s what’s inside the replay:
→ Why I’m fading the most aggressive gamma squeeze in the market right now — and the $3.30 June put spread I built to clip the volatility risk on a stock that just went from $40 to $111 in five weeks…
→ The streaming name where economic headwinds, fuel prices, and summer seasonality all line up against subscribers — and the $2.75 July put spread targeting the exact $75 retest level…
→ The oversold bounce trade in a $130 yoga pants name where I’m being very clear this is a TRADE not an investment — and the $1.20 May call spread that lets me clip a fast move without overstaying…
→ The one definitive sign of a gamma squeeze you only have to look at implied volatility to spot — and the inverted vol skew that’s now flashing on this name…
→ PLUS the reason I’m willing to take the other side of an absolute freight train — and how defining your risk is the only way to do it without getting run over…
Watch the full Big 3 segment here
Don’t think. Just go look.
To your success, Don Kaufman